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OpenText Reports Fourth Quarter and Fiscal Year 2024 Financial Results, Raises Fiscal 2025 Margin Targets
Prnewswire· 2024-08-02 04:01
– Delivers Total Annual Revenues of $5.8 Billion with 29% Growth – – Announces New $300 Million Share Repurchase Program – – Increases Annualized Dividend By 5% – Fiscal 2024 Annual Highlights Y/Y | --- | --- | --- | --- | --- | |-------------------------------------------------------------|----------------------------|------------------------------------------------|--------------------------------|----------------------------| | Total Revenues \n(in millions) \nReportedConstant Currency | (in millions) \n ...
Export Development Bank of Egypt Transforms Traditional Banking with OpenText
Prnewswire· 2024-07-26 03:11
WATERLOO, ON, July 25, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, today announced that Export Development Bank of Egypt (EBank Egypt) has significantly enhanced operational efficiencies and innovation by leveraging OpenText IT Operations Cloud solutions. By using OpenText, EBank accelerated its digital transformation, aligning IT infrastructure and business operations with its customer-centric service management strategy. EBank Egypt chose OpenText Service Managemen ...
Is the Options Market Predicting a Spike in Open Text (OTEX) Stock?
ZACKS· 2024-07-24 22:35
Investors in Open Text Corporation (OTEX) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 16, 2024 $22.50 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It cou ...
OpenText Cloud Editions 24.3 Unlocks Innovation and Productivity for Developers and Knowledge Workers Through Trusted Data
Prnewswire· 2024-07-16 19:30
WATERLOO, Ontario, July 16, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced its latest groundbreaking product innovations with Cloud Editions (CE) 24.3. This release represents a significant leap forward in integrating advanced information management capabilities, trusted cloud solutions, robust security measures, and cutting-edge artificial intelligence (AI) to optimize data performance for simpler, but superior, results. OpenText continues to drive digital transformation with it ...
Just What the Doctor Ordered: 2024 OpenText Hackathon to Focus on Sustainability in Healthcare
Prnewswire· 2024-07-12 20:45
文章核心观点 - 公司正在举办2024年度黑客马拉松活动,主题为"可持续医疗技术" [2] - 该活动旨在利用OpenText API开发解决方案,解决医疗技术可持续性、社会可持续设计和碳核算等挑战 [2][3] - 公司希望通过这一活动鼓励创新,让开发者利用自身技能为社会带来积极影响 [1][5] 活动详情 - 活动时间为2024年7月15日至8月15日,为期一个月的虚拟活动 [2] - 设有三个奖项类别:医疗技术可持续性、社会可持续性、技术碳排放监测 [4] - 获奖作品将在2024年底和2025年初的系列活动中展示 [7] 行业现状 - 根据公司最新的IT可持续性报告,97%的组织已经采用或计划采用可持续性举措 [3] - 但实施过程中最大的挑战是缺乏合适的工具和专业知识,只有50%的受访者使用软件来跟踪IT碳足迹 [3] 往届回顾 - 去年的黑客马拉松主题为"优化患者体验",共有5名获奖者 [6] - 其中AllegroGraph开发的PatientGraph解决方案利用OpenText Aviator Thrust API的AI能力,简化了医生、管理人员和患者的数据呈现,提高了患者的治疗效果 [6] - PatientGraph已经推出市场,在OpenText Marketplace上销售 [6]
OpenText to Report Fourth Quarter Fiscal Year 2024 Financial Results on Thursday, August 1, 2024
Prnewswire· 2024-07-11 04:36
WATERLOO, ON, July 10, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its fourth quarter fiscal year 2024 will be released on Thursday, August 1, 2024, at approximately 4:00 p.m. ET. Date: Thursday, August 1, 2024 Time: 5:00 p.m. ET/2:00 p.m. PT Length: 60 minutes Webcast: Access on OpenText IR website https://investors.opentext.com About OpenText Copyright ©2024 Open Text. OpenText is a trademark or registered trademark of Open Text. The l ...
OpenText Appoints Annette Rippert to Board of Directors
Prnewswire· 2024-07-09 20:30
In her roles at Accenture, Ms. Rippert led the firm's global Strategy & Consulting business, transforming the advisory services portfolio by accelerating the use of technology, data, and AI to drive new, differentiated growth. She spearheaded the acquisition of more than 20 companies and introduced Accenture's "Business Futures" thought leadership, creating a strong foundation for the future. Ms. Rippert also led Accenture's Technology business in North America, pivoting the business to new areas including ...
OpenText Cloud for Government Solution Achieves FedRAMP Authorization
Prnewswire· 2024-06-15 03:45
New FedRAMP authorized solution enhances federal agencies' ability to deliver a seamless total citizen experience "The availability of FedRAMP authorized information management cloud solutions from OpenText validates our commitment to helping U.S. government agencies digitally transform how they work to deliver an intelligent total citizen experience," said Muhi Majzoub, EVP and Chief Product Officer at OpenText. "As an important step in the government's modernization journey, the solution extends the moder ...
OpenText Named a Leader in Two IDC MarketScapes for UEM for SMBs and Client Endpoint Management for Microsoft Windows Devices
Prnewswire· 2024-06-12 16:29
WATERLOO, ON, June 12, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, today announced its position as a Leader in the IDC MarketScape: Worldwide Unified Endpoint Management (UEM) Software for Small and Medium-Sized Businesses (SMBs) 2024 Vendor Assessment (doc #US51779424, April 2024), and the IDC MarketScape: Worldwide Client Endpoint Management Software for Microsoft Windows Devices 2024 Vendor Assessment (doc #US51234324, April 2024). The report went on to note, "Ove ...
OpenText Elevates Knowledge Workers at SAP Sapphire 2024
Prnewswire· 2024-06-04 04:38
AI-powered solutions help enterprises add intelligence to information throughout their SAP business processes WATERLOO, ON, June 3, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, today showcased a powerful suite of SAP custom solutions with generative AI to revolutionize information management within SAP processes. These new enhanced capabilities enable future knowledge workers using SAP to integrate, search, and apply archived information – while controlling long- term ...